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is there some way to check how many blocks have been created each day?
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they have taken the GBP payment details off the add funds page. are they still accepting GBP transfers to the usual account?
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tl;dr thread 2033
but what are these numbers? |
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yeah its funny, keep watching.
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if this is happening then the most sensible reason is that he has sell orders that he is pushing the market into. as his sell orders are sold he reinforces his buy orders pushing the price slighty higher. When his big sell orders have been consumed he will pull his bids and let the market fall to a good price to buy. rinse and repeat.
this is what has been happening all along the downtrend.
He probably has a million coins. He can't sell them all without making the price drop 80%. yeah, he is not going to dump any way that is not the style of the manipulator. he has asks in place and moves the market up towards his asks. |
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To me it looks like the manipulator is trying to push the price back up. He keeps putting his bid walls higher, He now has every .05 cents reinforced by over 5,000 bitcoins. Anytime bitcoin raises .05 cents, he reinforces .05 below that point with a big bidwall.
He probably is buying them at the spot price also.
I don't know how much money he is willing to invest at this point, but it has seemed he has unlimited funds and does not want to give up on bitcoin.
Without the manipulator we would be seeing less than $1.00 right now.
Bid 2.1 778.5
Bid 2.15 2107.83
Bid 2.2 5060.48
Bid 2.25 3184.2
Bid 2.3 2480.02
Bid 2.35 2012.49
Bid 2.4 5923.39
Bid 2.45 5576.28
Bid 2.5 26322.9
Bid 2.55 2886.89
Bid 2.6 6318.72
Bid 2.65 7649.42
Bid 2.7 6683.69
Bid 2.75 2568.1
Bid 2.8 537.93
if this is happening then the most sensible reason is that he has sell orders that he is pushing the market into. as his sell orders are sold he reinforces his buy orders pushing the price slighty higher. When his big sell orders have been consumed he will pull his bids and let the market fall to a good price to buy. rinse and repeat. this is what has been happening all along the downtrend. |
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er... so about these bank account being frozen. any updates?
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fucking dial coin! meh! $10 for 0.5 BTC. how the fuck does that help anything?
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Please provide a cite to this "nothing can compete with the US Dollar" statute. Sure. ... But there is more:
NORFED’s "Liberty Dollar" medallions are specifically marketed to be used as current money in order to limit reliance on, and to compete with the circulating coinage of the United States. Consequently, prosecutors with the United States Department of Justice have concluded that the use of NORFED’s "Liberty Dollar" medallions violates 18 U.S.C. § 486, and is a crime.http://www.usmint.gov/pressroom/index.cfm?flash=yes&action=press_release&id=710... Does this include foreign currencies such as Euro, Yen, Rub and GBP? Yes, of course it does! If you're an oil producer try to sell your crude oil priced in euro... Saddam Husein did that back in 2002 and we witnessed what happened. Moammar Gadhafi tried to tie the price of his oil to gold and the same happened again. so is there a law that prohibits americans from exchanging their dollars for other currencies such as Euro's. How do american folk buy stuff when they go on holiday to europe? |
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Bitcoin cannot be used to pay debt. Taxation is debt. Does this then also not imply that bitcoin cannot be taxed.
I was recently harangued on these very forums for saying that bitcoins could not be taxed. I am not US citizen so do not know US system of taxation.
Taxation isn't debt.... i should have said taxation is payment of a debt. I'll take the rest of your point. thanks |
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To my knowledge Bitcoin doesn't violate any current US statutes. It does! Bitcoin competes with the US dollar. Nothing (name it whatever you like) is allowed to compete with the US dollar. Period. Does this include foreign currencies such as Euro, Yen, Rub and GBP? |
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Bitcoin cannot be used to pay debt. Taxation is debt. Does this then also not imply that bitcoin cannot be taxed.
I was recently harangued on these very forums for saying that bitcoins could not be taxed. I am not US citizen so do not know US system of taxation.
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any coins of gold or silver or other metal, or alloys of metals,
whether in the resemblance of coins of the United States or of foreign countries, or of original design, bitcoin could not be defined within these criteria. |
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I replied to this in the other thread also.
with bitcoin we are not making or minting our own currency. the bitcoin currency already exists it was created by the work of the founders of bitcoin. in the same way that foreign currencies already exist created by the issuing governments. we are simply exchanging one currency for our work (mining) or our domestic currency(trading).
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I'm currently working on a JavaScript based miner for LiteCoin if anyones interested in it?
Let me know if you are.
(This means mining can be as simple as opening a webpage! Maybe pointing to the IP address of your litecoind server first, or would people prefer a pool?)
This can be a good way to monetize a web site : the visitor is running your javascript miner as long as he keeps the page open. A few suggestions : - allow to parametrize how long and how heavily the miner will run to avoid annoying visitors (call it periodically for a fixed amount of cycles using timer callbacks). - allow to keep track of who mined how many shares (session identifier passed together with the results) to provide incentive, or allow browsers to mine on pools. any further info on this? |
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so is it also illegal to own Euro, Yen or GBP etc? and is it illegal to exchange those currencies for other currencies, commodities, assets goods or services?
IANAL, but I think its the creation of a competing currency thats illegal for a US citizen. Miners reserve your corner jail in Gitmo now  . yeah, but mining is not the creation of the currency. mining is processing the transactions and maintaining the network and the block awarded to the miner is a reward from the already existing currency which is being paid for work completed. |
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so is it also illegal to own Euro, Yen or GBP etc? and is it illegal to exchange those currencies for other currencies, commodities, assets goods or services?
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is it possible to make an alternative currency illegal? wouldnt that be like the US banning the exchange of euros?
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It is possible that this was caused by the daemon. I have resolved the problem now. I was running an older version of namecoind and have replaced that with the latest version. I had to download the chain again. everything was working fine with namecoind.
i tried the GUI again and it is working very well.
I will give some feedback in this thread as soon as i have had a chance to test it more thoroughly.
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since trying this out, namecoind has stopped working. stuck at block 24191.
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